Economy

Merchants throughout Pakistan closed their shops Saturday to protest the country’s steep electricity bills and mounting inflation. The general public has already mounted protests about Pakistan’s soaring cost of living.  "Everyone is…
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Afghanistan's Taliban announced Thursday they have signed more than $6.5 billion worth of mining contracts with local and foreign companies from China, Iran, Turkey and Britain. Shahabuddin Dilawar, the Taliban minister of mines and…
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U.S. Commerce Secretary Gina Raimondo wrapped up a four-day visit to China on Wednesday in the latest move by U.S. President Joe Biden’s administration to stabilize commercial and trade links between the world’s two largest economies. In…
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Brazilian mining company Vale SA sees declining steel demand in China, the world's largest producer, but the situation is not as dire as some indicators suggest, the company’s vice president of iron ore solutions told Reuters. Vale is…
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Toyota said Tuesday it has been hit by a technical glitch forcing it to suspend production at all 14 factories in Japan. The world's biggest automaker gave no further details on the stoppage, which began Tuesday morning, but said it did…
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If all goes according to plan, in a few weeks people will be sipping a shake that Marcelo Salazar has been developing for three years, made from the Amazon jungle's cornucopia. His company Mazo Mana Forest Food has partnered with…
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Record-breaking temperatures, reduced rainfall and changes in the natural climate are set to damage Thailand’s economy and increase poverty, experts say. Thailand is suffering from droughts caused by the El Niño weather event, which is…
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U.S. trade has shifted away from China due to policies enacted by the Biden and Trump administrations, but U.S. reliance on China-linked supply chains has not necessarily been reduced and consumers have faced higher costs, according to new…
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A crowd of what appeared to be several hundred protesters in the southern Druze city of Suwaida, Syria, chanted slogans targeting the Syrian government Saturday on the seventh day of a growing movement calling for economic and political…
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The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted progress made on easing price pressures as…
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